Chainlink LINK
Current Price
$8.82 -0.35%
$0.3400 Daily Range (3.85%)
$8.62$8.96
$284.34M Daily Volume
4,152 BTC
Vol/MktCap: 4.55%
Market Performance
0.71% Relative BTC Volume
The total volume of Chainlink is $284.34M over the past 24 hours, compared to $39.88B total Bitcoin volume.
Hourly Moving Average
8 SMA $8.79 +0.35%
13 SMA $8.78 +0.50%
21 SMA $8.76 +0.65%
55 SMA $8.93 -1.21%
144 SMA $8.65 +1.99%
Price Performance
+0.29% 1 Hour Change
$8.82 from $8.79
+2.69% 7 Day Change
$0.2374 from $8.58
-8.83% 14 Day Change
-$0.7789 from $9.60
-35.97% 30 Day Change
-$3.17 from $11.99
All Time High
May 10, 2021
$52.70 -83.25%
-$43.88 vs. now
24H Change
-22.62M USD -0.36%
-330 BTC
Volume and Supply
Total Supply: 1.00B LINK 
708.10M LINK Available70.81% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
50.02 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
32.35M LINK
traded over past 24 hours
4.57% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Chainlink AI Market Analysis
Chainlink (LINK) is currently trading at $8.94, reflecting a slight 24-hour increase of 0.33%. The daily price range has been relatively tight, with a high of $8.96 and a low of $8.62, indicating a low-volatility environment that could suggest consolidation before a potential breakout.
The trading volume over the last 24 hours stands at approximately 285.36 million, resulting in a volume-to-market cap ratio of 4.50%. This moderate volume suggests a balanced interest among buyers and sellers, while the presence of short-term moving averages indicates a slight bullish sentiment, as both the 8 SMA and 13 SMA show positive trends.
The 1-hour RSI is currently at 62, indicating that LINK is nearing overbought territory but still has room for upward movement. In contrast, the 7-day RSI at 53 reflects a more neutral stance, suggesting that LINK could maintain its current price levels without significant upward or downward pressure in the short term.
Over the past week, LINK has demonstrated a positive price change of approximately 4.55%, though it has struggled over the longer term, with a 14-day price change of -6.37% and a substantial 30-day decline of -34.78%. This trend suggests that while there may be short-term opportunities for gains, the overall longer-term outlook remains bearish.
The current price is significantly below its all-time high of $52.70, which was reached on May 10, 2021. This substantial gap indicates that LINK has considerable room for recovery, but ongoing market conditions and sentiment will play critical roles in determining its near-term trajectory.
Given the combination of short-term bullish indicators, the neutral RSI readings, and the potential for recovery from the long-term downtrend, a cautious "Hold" rating is appropriate for Chainlink (LINK). This approach allows investors to maintain their positions while closely monitoring for any signs of sustained bullish momentum or further market deterioration.
The trading volume over the last 24 hours stands at approximately 285.36 million, resulting in a volume-to-market cap ratio of 4.50%. This moderate volume suggests a balanced interest among buyers and sellers, while the presence of short-term moving averages indicates a slight bullish sentiment, as both the 8 SMA and 13 SMA show positive trends.
The 1-hour RSI is currently at 62, indicating that LINK is nearing overbought territory but still has room for upward movement. In contrast, the 7-day RSI at 53 reflects a more neutral stance, suggesting that LINK could maintain its current price levels without significant upward or downward pressure in the short term.
Over the past week, LINK has demonstrated a positive price change of approximately 4.55%, though it has struggled over the longer term, with a 14-day price change of -6.37% and a substantial 30-day decline of -34.78%. This trend suggests that while there may be short-term opportunities for gains, the overall longer-term outlook remains bearish.
The current price is significantly below its all-time high of $52.70, which was reached on May 10, 2021. This substantial gap indicates that LINK has considerable room for recovery, but ongoing market conditions and sentiment will play critical roles in determining its near-term trajectory.
Given the combination of short-term bullish indicators, the neutral RSI readings, and the potential for recovery from the long-term downtrend, a cautious "Hold" rating is appropriate for Chainlink (LINK). This approach allows investors to maintain their positions while closely monitoring for any signs of sustained bullish momentum or further market deterioration.
Updated 88 minutes ago.
Chainlink Relative Price at Market Cap of:
Chainlink TradingView Chart
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